China’s Trade Expands 1.3% In Q1 Despite Global Weakness

Quick Summary:

China’s total goods imports and exports in yuan-denominated terms expanded 1.3 percent year on year in the first quarter of this year, official data showed on Monday.

According to the General Administration of Customs (GAC), China’s exports during the period rose 6.9 percent to 6.13 trillion yuan (about 850.1 billion U.S.

China has committed to boosting high-standard opening up and expanding imports, sharing development opportunities with the rest of the world, he said, adding that China has maintained its position as the world’s second-largest importer for 16 consecutive years, with its share of global imports rising from 7.9 percent to 10.5 percent.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaChinaUnited States

Topics: Global News Trade

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 14:06:51 (5 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

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